TEUGELS HANS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TEUGELS HANS
Largest movements
- Tangible fixed assets -€23,498
down €23,498 (-79.2%), from €29,658 to €6,160
of which Furniture and vehicles: -€24,446
- Cash -€7,706
down €7,706 (-28.8%), from €26,790 to €19,084
mainly Net result for the year (-€30,965) and Debts after one year (-€16,345)
- Receivables within one year -€3,059
down €3,059 (-1.8%), from €167,165 to €164,106
of which Trade receivables: -€13,548
- Current investments +€3,000
up €3,000 (+8.2%), from €36,503 to €39,503
- Profit (loss) carried forward -€30,965
down €30,965 (-18.9%), from €163,787 to €132,822
- Debts after one year -€16,345
down €16,345 (-48.0%), from €34,076 to €17,731
- Tax, wage and social debts +€14,375
up €14,375 (+61.4%), from €23,410 to €37,785
of which Remuneration and social security: +€16,486
- Gross operating margin -€41,530
down €41,530 (-47.1%), from €88,138 to €46,608
- Taxes -€2,685
no longer reported in 2025 (was €2,685)
- Other operating charges +€1,205
up €1,205 (+92.4%), from €1,304 to €2,509
- Financial charges -€1,170
down €1,170 (-33.9%), from €3,453 to €2,283
- Staff costs -€1,132
down €1,132 (-2.3%), from €48,466 to €47,334
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,411 | €233,475 | -€31,936 | -12.0% |
| Fixed assets | 21/28 | €29,658 | €6,160 | -€23,498 | -79.2% |
| Tangible fixed assets | 22/27 | €29,658 | €6,160 | -€23,498 | -79.2% |
| Plant, machinery and equipment | 23 | €982 | €1,930 | +€948 | +96.5% |
| Furniture and vehicles | 24 | €28,676 | €4,230 | -€24,446 | -85.2% |
| Current assets | 29/58 | €235,753 | €227,315 | -€8,438 | -3.6% |
| Amounts receivable within one year | 40/41 | €167,165 | €164,106 | -€3,059 | -1.8% |
| Trade receivables | 40 | €44,780 | €31,232 | -€13,548 | -30.3% |
| Other amounts receivable | 41 | €122,385 | €132,874 | +€10,489 | +8.6% |
| Current investments | 50/53 | €36,503 | €39,503 | +€3,000 | +8.2% |
| Cash at bank and in hand | 54/58 | €26,790 | €19,084 | -€7,706 | -28.8% |
| Deferred charges and accrued income | 490/1 | €5,295 | €4,622 | -€673 | -12.7% |
| Total equity and liabilities | 10/49 | €265,411 | €233,475 | -€31,936 | -12.0% |
| Equity | 10/15 | €178,147 | €147,182 | -€30,965 | -17.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,787 | €132,822 | -€30,965 | -18.9% |
| Amounts payable | 17/49 | €87,264 | €86,293 | -€971 | -1.1% |
| Amounts payable after more than one year | 17 | €34,076 | €17,731 | -€16,345 | -48.0% |
| Financial debts | 170/4 | €34,076 | €17,731 | -€16,345 | -48.0% |
| Amounts payable within one year | 42/48 | €53,188 | €68,562 | +€15,374 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €7,950 | €7,941 | -€9 | -0.1% |
| Trade debts | 44 | €21,828 | €22,836 | +€1,008 | +4.6% |
| Suppliers | 440/4 | €21,828 | €22,836 | +€1,008 | +4.6% |
| Taxes, remuneration and social security | 45 | €23,410 | €37,785 | +€14,375 | +61.4% |
| Taxes | 450/3 | €2,111 | - | -€2,111 | |
| Remuneration and social security | 454/9 | €21,299 | €37,785 | +€16,486 | +77.4% |
| Remuneration, social security and pensions | 62 | €48,466 | €47,334 | -€1,132 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,975 | €25,448 | +€473 | +1.9% |
| Other operating charges | 640/8 | €1,304 | €2,509 | +€1,205 | +92.4% |
| Gross operating margin | 9900 | €88,138 | €46,608 | -€41,530 | -47.1% |
| Operating profit (loss) | 9901 | €13,393 | -€28,683 | -€42,076 | |
| Financial income | 75/76B | €117 | €1 | -€116 | -99.1% |
| Recurring financial income | 75 | €117 | €1 | -€116 | -99.1% |
| Financial charges | 65/66B | €3,453 | €2,283 | -€1,170 | -33.9% |
| Recurring financial charges | 65 | €3,453 | €2,283 | -€1,170 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €10,057 | -€30,965 | -€41,022 | |
| Income taxes | 67/77 | €2,685 | - | -€2,685 | |
| Profit (loss) for the period | 9904 | €7,372 | -€30,965 | -€38,337 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,372 | -€30,965 | -€38,337 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.